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The rate of asset growth into SRI-related strategies is outstripping the broad market growth of mainstream investment funds, according to two new surveys looking at Australia and the US. In Australia, the 2010 Benchmark report by the Responsible Investment Association Australasia RIAA, which covers the financial year to June 30, 2010, said managed responsible investment portfolios rose by 10% from AU $14.02bn to AU $15.41bn, beating growth in the broader market of managed portfolios which rose 9% in the same period. The RIAA report said that a broader ‘core’ responsible investment market measurement a combination of specialised managed funds, community finance, green loans, RI charity investments and financial adviser portfolios had risen 13% from AU $16.15bn to AU $18.19bn. Over half all funds under management in Australia are now signed to the United Nations backed Principles for Responsible Investment PRI.
via Responsible Investor.
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